Justice Financial – Financial Services & Wealth Management
Karen Justice, ChFC, CLU, MSFS, is the founder and owner of Justice Financial Advising, Inc. in Bisbee, Arizona with additional offices in Tucson and Oro Valley. In assisting clients achieve financial independence, Karen focuses her attention on customized portfolios. She is an Independent Registered Investment Advisor and fiduciary who offers a myriad of financial planning services.
As your financial planner, she assists in avoiding costly mistakes, managing risks, and improving your overall investment results. Karen provides successful individuals with personalized, objective, and astute financial advice and coordinates your financial activities with your other professionals, such as your attorney and accountant. Karen works with you to provide a clear plan of action that leaves you in control.
How We Differ From Registered Representatives
RIAs and Registered Representatives Are Very Different
| RIA | Registered Representative | |
| Primary Function | Advice | Facilitate securities purchase and sale transactions for their clients |
| Responsibility to Client | Fiduciary – RIAs are legally bound to serve the interests of their clients | Ensure investment recommendations are suitable for the client and provide best execution of client orders |
| Regulation | RIAs are either overseen by the Securities and Exchange Commission (SEC) or state regulatory agencies | FINRA (the Financial Industry Regulatory Authority) along with the SEC and state regulatory agencies |
Some think Registered Representatives are similar to RIAs, but:
- They are usually compensated by commissions on product transactions
- Typically not held to a fiduciary standard; when making a recommendation, held to “suitability standards”
- Suitability standards say they can recommend certain securities or investments if they believe they are suitable for a particular investor – but they are not required to put your best interest first
Annual Compliance Advisory ADV Part 1
